HDFC Life Deputy Branch Manager Salaries by 7 Employees (Updated 2025)

3 - 14 years exp.

₹5 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

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14% less than the average Deputy Branch Manager Salary in Insurance Companies for 3 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Branch Manager Salary 6 - 11 years exp. (3 salaries)	Unlock ₹5 L/yr - ₹8 L/yr
Marketing & Communication Deputy Branch Manager Salary 9 years exp. (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹7.2 L/yr
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Sales & Business Development Deputy Branch Manager Salary 14 years exp. (AmbitionBox Estimate)	Unlock ₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 29 May 2024

Companies similar to HDFC Life for Deputy Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Deputy Branch Manager Salary 0 - 11 years exp. (5 salaries)	Unlock ₹2.9 L/yr - ₹6 L/yr 34% less
Max Life Insurance Deputy Branch Manager Salary 2 - 13 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹10 L/yr 14% less
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Kotak Mahindara Life Insurance Deputy Branch Manager Salary 3 - 6 years exp. (7 salaries)	Unlock ₹3.2 L/yr - ₹4.5 L/yr 37% less
Bajaj Allianz Life Insurance Deputy Branch Manager Salary 6 - 14 years exp. (13 salaries)	Unlock ₹5 L/yr - ₹8.5 L/yr 1% more
Reliance Nippon Life Insurance Deputy Branch Manager Salary 0 - 8 years exp. (3 salaries)	Unlock ₹4 L/yr - ₹13 L/yr 41% more
Tata AIA Life Insurance Deputy Branch Manager Salary 3 - 13 years exp. (4 salaries)	Unlock ₹7.2 L/yr - ₹8.5 L/yr 21% more
Aditya Birla Sun Life Insurance Deputy Branch Manager Salary 3 - 13 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹6.8 L/yr At par
Shriram Life Insurance Deputy Branch Manager Salary 6 - 12 years exp. (4 salaries)	Unlock ₹4.4 L/yr - ₹7.5 L/yr 16% less
HDFC Ergo General Insurance Deputy Branch Manager Salary 3 - 5 years exp. (3 salaries)	Unlock ₹4.3 L/yr - ₹6.1 L/yr 9% less

Deputy Branch Manager salary at HDFC Life ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Deputy Branch Manager salaries

Last Updated: 29 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹7.7 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹11.7 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹11.3 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5.6 L/yr - ₹7.1 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹7.1 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹7.5 L/yr

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Salary related reviews for HDFC Life

3.0

Rated by 2 employees for salary & benefits

Senior Associate in Machilipatnam

Full Time

Other Department

4.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Skill development and learning is the main element in the hdfc life. Company culture and environment is very place to work.

Skill development - Excellent

+2 more

Dislikes

...ys. Promotions and appraisals is a joke here less than 6% is the increment here. Salary are very low when compared to other similar industry.

Promotions - Poor

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Hdfc life office is hygienic.

Dislikes

Manager is your god. And manager scold in con call tell fukat ka salary leta hai kya. If you achieve Target then also you will not get increment. Boss gives more priority to girls.

Salary - Bad

+6 more

Operations Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Nov 2023

1.0

for Salary and Benefits

Likes

The way they make fool our of you. JD and actual work are really different. Popular statement "I am a really considerate manager".

Job security - Excellent

Dislikes

Usual work day is for about 12 hrs On document Saturday is a non working day but you will be forced to work with out pay. Overtime is a myth Promotion depends upon L1's will. Variable pay is only for MT's and chief manager & above Huge gap in pay at same band.

Salary - Bad

+4 more

Sales Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 24 Oct 2023

3.0

for Salary and Benefits

Likes

Already they are top in insurance sector so people know about this company that's good part.

Dislikes

...se that's why they are doing insurance these are the facts they take advantage In small salary package thier expectation is more than crore For a freshers Or 2 years experience not good place to work You have to travel every single day like a horse (on your money) Many more people don't share because they sacred if they share they can't get job because these people leaves and they go to another company so it's like round like earth anyone can meet anywhere In 100 people only will success 2

Skill development - Poor

+5 more

Relationship Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 May 2024

2.0

for Salary and Benefits

Likes

Big brand. People know the brand very well

Dislikes

Less salary compare to psu. Even clerk of psu bank get more than a manager grade of hdfc. Bonus and incentives at junior grade not that good. Only boss and team managers will get good salary here . No travel claims are given.

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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HDFC Life Deputy Branch Manager Salary FAQs

What is the salary of Deputy Branch Manager at HDFC Life?

Deputy Branch Manager salary at HDFC Life in India ranges between ₹5.0 Lakhs to ₹8.0 Lakhs for experience between 3 years to 14 years. According to our estimates it is 14% less than the average Deputy Branch Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Life India.

How does the salary of a Deputy Branch Manager at HDFC Life India compare with the average salary range for this job?

The average salary of a Deputy Branch Manager at HDFC Life is 14% less than the average salary of a Deputy Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Life to a Deputy Branch Manager in India?

Reliance Nippon Life Insurance Deputy Branch Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Tata AIA Life Insurance Deputy Branch Manager Salary - ₹7.2 Lakhs to ₹8.5 Lakhs per year
Bajaj Allianz Life Insurance Deputy Branch Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
Aditya Birla Sun Life Insurance Deputy Branch Manager Salary - ₹6.0 Lakhs to ₹6.8 Lakhs per year

What is the salary of a Deputy Branch Manager in companies similar to HDFC Life in India?

HDFC Ergo General Insurance Deputy Branch Manager Salary - ₹4.3 Lakhs to ₹6.1 Lakhs per year
Max Life Insurance Deputy Branch Manager Salary - ₹1.0 Lakhs to ₹10.0 Lakhs per year
Shriram Life Insurance Deputy Branch Manager Salary - ₹4.4 Lakhs to ₹7.5 Lakhs per year
ICICI Prudential Life Insurance Deputy Branch Manager Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance Deputy Branch Manager Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Deputy Branch Manager at HDFC Life in India?

The estimated take-home salary of a Deputy Branch Manager at HDFC Life ranges between ₹48,813 per month to ₹49,967 per month in India. The take-home salary calculation is based on the average HDFC Life Deputy Branch Manager salary in India which ranges between ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Deputy Branch Manager at HDFC Life?

According to AmbitionBox, 100% of the HDFC Life Deputy Branch Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HDFC Life Deputy Branch Manager Salaries

HDFC Life Deputy Branch Manager salary in India ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Life latest salaries received from various employees of HDFC Life.